JCM Interview Questions and Answers

Eligibility criteria for distributor selection

• Experience in the relevant industry

• Financial stability and capability to invest

• Geographical reach and network

• Ability to meet sales targets

• Good reputation and track record

• Compliance with legal and regulatory requirements

• Compatibility with the company's values and culture

Profit and Loss is a financial statement that shows the revenue, expenses, and net income or loss of a business.

• Profit is the amount of money a business earns after deducting all expenses.

• Loss is the amount of money a business loses when expenses exceed revenue.

• Profit and Loss statement is also known as Income Statement.

• It helps businesses to analyze their financial performance and make informed decisions.

• Example: If a business earns $10,000 in revenue and incurs $8,000 in ex...read more

Return on investment is a measure of profitability that evaluates the efficiency of an investment.

• ROI is calculated by dividing the net profit by the cost of the investment.

• It is expressed as a percentage or a ratio.

• ROI is used to compare the profitability of different investments.

• For example, if an investment of $100 generates a profit of $20, the ROI is 20%.

• ROI can be used to make informed decisions about future investments.

Three important factors of distribution are location, channels, and logistics.

• Location of target market

• Effective channels of distribution

• Efficient logistics and transportation